Select Medical Holdings Corporation (NYSE:SEM) insider Scott A. Romberger sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $17.97, for a total value of $89,850.00. Following the transaction, the insider now owns 168,211 shares in the company, valued at $3,022,751.67. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Select Medical Holdings Corporation (SEM) opened at $17.40 on Friday. The company has a market cap of $2,328.55, a P/E ratio of 22.03, a PEG ratio of 1.35 and a beta of 1.36. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 3.36. Select Medical Holdings Corporation has a 12-month low of $12.00 and a 12-month high of $19.77.

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Select Medical (NYSE:SEM) last released its quarterly earnings results on Thursday, November 2nd. The health services provider reported $0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.02). The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Select Medical had a net margin of 2.21% and a return on equity of 11.44%. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.06 EPS. analysts forecast that Select Medical Holdings Corporation will post 0.86 earnings per share for the current year.

Several research analysts have recently weighed in on SEM shares. Deutsche Bank restated a “buy” rating and set a $22.00 target price on shares of Select Medical in a report on Monday, November 6th. Benchmark boosted their target price on Select Medical from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, August 7th. Royal Bank Of Canada restated a “buy” rating and set a $19.00 target price on shares of Select Medical in a report on Wednesday, September 13th. ValuEngine upgraded Select Medical from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Zacks Investment Research cut Select Medical from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. Select Medical has an average rating of “Hold” and a consensus price target of $19.50.

Hedge funds have recently added to or reduced their stakes in the company. Pacad Investment Ltd. raised its position in shares of Select Medical by 58.7% during the 2nd quarter. Pacad Investment Ltd. now owns 7,300 shares of the health services provider’s stock valued at $112,000 after buying an additional 2,700 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Select Medical by 4.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,709 shares of the health services provider’s stock valued at $133,000 after buying an additional 396 shares during the period. Riverhead Capital Management LLC raised its position in shares of Select Medical by 78.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,722 shares of the health services provider’s stock valued at $134,000 after buying an additional 3,822 shares during the period. Flinton Capital Management LLC raised its position in shares of Select Medical by 75.8% during the 2nd quarter. Flinton Capital Management LLC now owns 9,744 shares of the health services provider’s stock valued at $150,000 after buying an additional 4,200 shares during the period. Finally, Eqis Capital Management Inc. purchased a new stake in shares of Select Medical during the 3rd quarter valued at approximately $201,000. 77.92% of the stock is currently owned by hedge funds and other institutional investors.

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Select Medical Company Profile

Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.